US election results 2024: Will the US stock markets see a surge upon a Trump win?
Today is more like the final exam of both the Presidential candidates in contention for the White House, and previous reports have claimed that the US stock markets could see a major impact based on the US election 2024 results. Some are even anticipating a stock market crash in the current circumstances, due to the massive uncertainty this time.
A complete Trump sweep in the US elections results would mean an upliftment and surge in the ‘Trump trades’, where global investors are heavily invested at the moment. With Trump’s promised economic policies being quite expansionary, a political gridlock with Kamala Harris would mean that things would end up being technically equity market-negative. Even if Trump comes to power with a split Congress, it would not be quite a great news for a major set of stocks.
What could a Kamala Harris sweep mean for the US economy?
Meanwhile, a complete Democrat sweep would end up creating an imminent effect on the US dollar, along with…